Issues and Challenges

Islamic economics and the Islamic financial system operate and function in a way similar to the conventional system.  Consequently, the Islamic financial industry faces relatively similar challenges to those faced by the conventional system. Due to their distinct features encompassed in the teachings of the Shari’ah, the ideal Islamic economic and financial systems are faced with additional challenges and opportunities. For further details see: ISRA, Islamic Financial System; Principles and Operations.

Theory vs Practice






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